Rolling Meadows, Ill. (Dec. 10, 2018) – Arthur J. Gallagher & Co. is pleased to announce the acquisition of Toronto-based Accompass Inc. Terms of the transaction were not disclosed.
Founded by Michael Worb in 1997, Accompass offers a full range of health & welfare, investment & retirement, executive compensation, and broad-based compensation consulting and support services to clients throughout Canada. Sarah Beech, Mark Dowdell and their associates will continue to operate from their current location under the direction of Leslie Lemenager, head of Gallagher’s international employee benefits consulting and brokerage operations.
“Accompass’s client-focused approach and their recognition in the market as a great place to work closely align with our own core values,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “In addition, their strong presence with both Toronto-based and national organizations further expands our footprint across Canada.”
“Accompass is a leading Canadian employee benefits, retirement planning and compensation consulting firm that comes to us with a vast suite of tools and resources to complement our growing capabilities throughout Canada,” said Leslie Lemenager. “I am thrilled to welcome their entire team to Gallagher.”
About Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Our company began as Pal Benefits in 1997, when a small group of like-minded professionals came together. From the beginning, we strived to take a more hands-on, personal, proactive approach to our clients and their businesses.
In 2014, after an in-depth process of discovery with our clients, partners, and employees, we changed our name to better mirror the experience we offer. Accompass represents how we accompany our clients at every step, what we accomplish together, and how all encompassing our approach is.
Today, there are dozens of us, working fluidly across areas of expertise. We’ve grown with our clients, whose operations now span the globe. Many have been with us since the beginning. Our team may not fit around one table anymore, but we are united in this commitment: to provide a level of service that will never be found anywhere else.
SOURCE: Arthur J. Gallagher & Co.Tags: Acquisition, Arthur J. Gallagher